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PM received I-T refunds 5 times, Rahul 6 in last 18 yrs

Prime Minister Narendra Modi has got income tax refunds at least five times in the last 18 years, while Congress chief Rahul Gandhi has received six refunds during the same period. IMAGE: A worker......

Over 20 hrs after vessel sinks, 4 navy personnel still missing

Four navy personnel, including an officer, remained missing on Friday after a vessel sank off the Vishakhapatnam coast on Thursday night and a full scale search is underway to trace them besides.......

At Rs 2.74 trillion, FPI flows surpass previous best in FY13: Govt

The finance ministry said the sharp inflows last fiscal were due to the government’s policy initiatives and economic recovery. Illustration: Dominic Xavier/Rediff.com Foreign portfolio......

FPI registrations cross 10K for first time

Equities in India saw record FPI inflows of $16.8 billion in November and December, taking the benchmark indices to new highs. Illustration: Dominic Xavier/Rediff.com New registrations of foreign......

Sebi suggests easing of ownership norms for exchanges, depositories

According to the new proposals, resident promoters or a foreign promoter from a FATF jurisdiction can set up a market infrastructure institution. The markets regulator on Wednesday proposed easing......

Rupee may end 2020 as worst performing currency in Asia

Rs 1,000 now buys $13.5 against $14 a year ago.Krishna Kant reports. Illustration: Dominic Xavier/Rediff.com The rupee is likely to end calendar year 2020 as the worst performing currency in Asia,......

India-dedicated funds pulled out $9.1 billion till November

Assets under management of India-dedicated funds have slid 20 per cent in the year to November to $35.2 billion. Illustration: Uttam Ghosh/Rediff.com India-dedicated funds saw outflows to the tune......
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Govt

The finance ministry said the sharp inflows last fiscal were due to the government’s policy initiatives and economic recovery. Illustration:... ...

http://www.rediff.com/money/report/at-rs-274-trillion-fpi-flows-surpass-previous-best/20210407.htm
Bombay HC asks for valuation of Karvy accounts

Mumbai: The Bombay High Court has directed SBI Capital Markets and KPMG to value Karvy Stock Broking’s demat and trading accounts after the firm... ...

https://economictimes.indiatimes.com/markets/stocks/news/bombay-hc-asks-for-valuation-of-karvy-accounts/articleshow/81680532.cms
Long-term FPI bets in equities on rise

ET Intelligence Group: Indian equities received disproportionate inflows among the emerging markets in the 12 months to February. This has raised... ...

https://economictimes.indiatimes.com/markets/stocks/news/long-term-sticky-funds-show-higher-interest-in-indian-equities/articleshow/81672505.cms
NSDL shortlists Additional Secretary in Finance Ministry for top job

Sanjeev Kaushik is a 1992 batch IAS officer of Kerala cadre. He is an MBA from London Business School, he served as Director, Capital Markets in... ...

https://economictimes.indiatimes.com/news/economy/policy/nsdl-shortlists-additional-secretary-in-finance-ministry-for-top-job/articleshow/81563907.cms
FPIs to hum of capital goods as capex cycle turns

ET Intelligence Group: Foreign portfolio investors (FPIs) are increasingly turning bullish on India’s capital goods sector as rising revenue... ...

https://economictimes.indiatimes.com/markets/stocks/news/fpis-tune-in-to-hum-of-capital-goods-as-capex-cycle-turns/articleshow/81384414.cms

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